Global Military Communications & COTS Market 17.46bn in 2013
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Thursday, July 24, 2014


Global Military Communications & COTS Market 17.46bn in 2013

New report states that the market for military communications spending reaches $17.46bn in 2013, as both mature and emerging national markets invest in the inherent operational advantages demonstrated by utilising effective and advanced military communications networks.

The defence analyst stated that: ‘Military communications are an integral and vital element of any modern military. The ability to communicate effectively through difficult terrain, challenging environments and across wide geographical areas is essential in order to maximise the success of any military operation. Communications investment will therefore remain strong throughout the next decade, with greater focus upon on improving existing network structures, developing new SATCOM technology through increased commercial partnerships and investment in COTS systems which will provide deployment as well as cost saving advantages. Whilst traditional national markets will remain, there are also many emerging markets around the world increasing their military communications provisions to reflect their economic growth, develop domestic industry through increased knowledge of communications technology and expand military coverage.’

Related Research on ASDReports.com:
Global Military Communications & COTS Market 2013-2023

The report has 265 pages and contains 225 tables, charts and graphs that utilise visual representation in order to clarify trends and market projections within the global military communications & COTS market. We provide forecasts for the overall global military communications & COTS market as well as 4 separate submarkets and 14 leading national markets within the global military communications & COTS market for the period 2013-2023. The report also provides profiles of 20 leading companies operating within the market, including 3 interviews with established defence and security companies operating within the global military communications & COTS market, providing expert analyses.

The Global Military Communications & COTS Market 2013-2023 report will be of great value to current and future investors into the overall military communications market, as well as to companies and research centres who wish to broaden their knowledge of the military communications market.

Read more on ASDReports

Source : ASDReports - Market Research

Published on ASDNews: Mar 12, 2013

 

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